There is definitely value in a proportionate inheritance tax. I just think that a system where even basic rate tax payers pay over 40p in the pound (once you total everything up) shouldn't be fleecing people for any care they need in the future.
The whole problem is that there's not enough money for social care. Increasing the basic rate of tax is one option, but personally I'd rather pay for my social care when I'm dead and don't care.
There is definitely value in a proportionate inheritance tax. I just think that a system where even basic rate tax payers pay over 40p in the pound (once you total everything up) shouldn't be fleecing people for any care they need in the future.